International reserves up $167 mln in December 2019

International reserves of the National Bank of Georgia hit a historic high in June 2019 at $3.74 billion. Photo: Nino Alavidze/Agenda.ge.

Agenda.ge, 08 Jan 2020 - 18:17, Tbilisi,Georgia

Official international reserves of the National Bank of Georgia increased by $167 million in December 2019, show data from the National Bank of Georgia.

International reserves limit and mitigate the effects of external risks. 

Filling international reserves is important for the macro-financial stability of the country,” says the NBG.

As of December 30, international reserves reached $3.49 billion which is $205 million more compared to last year.

International reserves of the National Bank of Georgia hit a historic high in June 2019 at $3.74 billion.